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Global Paraxylene Market to Capture a Sound Growth Over 2023, Notes FRMR The polymer industry remains a major consumer of paraxylene and is likely to play an important role in driving the growth of the market over the next couple of years. The aromatic isomer is also popular in industries such as food & beverage packaging, textile, and personal care. Over the years, application of PET has risen substantially in textile industry owing to the innate characteristics that allows it to be recycled. The aforementioned factors are supporting the growth of the global P-Xylene market. Market Research Future (MRFR) in its recent study finds that the global Paraxylene Market will exhibit a steady growth over the next five years. P-Xylene or paraxylene is an industrial material that has been around for quite some time now. Demand for paraxylene is expected to remain sturdy during the foreseeable future as the product continues to find new avenues of application. Some of the conventional appli

  Paraxylene Market Analysis Paraxylene, also known as P-Xylene, an aromatic hydrocarbon, and an isomer of xylene compound, is derived from dimethylbenzene. Paraxylene is used in the production of terephthalic acid, purified terephthalic acid, and dimethyl terephthalate that is majorly used in the production of polyethylene terephthalate. Paraxylene finds an extensive application in major end-user industries such as textile and packaging for food, beverages, and personal care products which, in turn, drives its market growth. Over the past few years, the global Paraxylene market is growing rapidly due to the burgeoning textile industry worldwide. Moreover, the growing packaging industry across the globe is escalating the market on the global platform. Acknowledging the colossal growth, the market is witnessing currently, Market Research Future (MRFR) in its recently published study report asserts that the global paraxylene market is expected to increase by a substantial revenue growth